Twilio Q3 revenue up 20% to $1.56B, net income up 333%; shares drop 15%

Twilio reported Q3 revenue of $1.56 billion, up 20% year over year and above the $1.52 billion estimate, with net income up 333% to $161 million. The company raised its full-year revenue outlook but expects slower growth in Q4, sending TWLO shares down more than 15% after hours.

• Q3 revenue: $1.56B, up 20% year over year
• Net income rose 333% to $161M
• Full-year revenue outlook raised, but Q4 growth to slow
• TWLO shares fell over 15% after hours